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Thermax Limited Associate Manager salaries in India (Updated 2025)

Annual salary range
14 - 22 years exp.
₹9.6 Lakhs - ₹25 Lakhs
Salary of majority employees
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Fixed (92%)
₹15.7 Lakhs
Variable (8%)
₹1.3 Lakh
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10% more than the average Associate Manager Salary in Industrial Machinery Companies for 14 - 22 years of experience

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Salaries in different departments

Engineering - Software & QA
Associate Manager Salary
14 - 22 years exp. (12 salaries)
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₹11.2 L/yr - ₹21.5 L/yr

Construction & Site Engineering
Associate Manager Salary
15 - 21 years exp. (8 salaries)
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₹12 L/yr - ₹20.5 L/yr

Procurement & Supply Chain
Associate Manager Salary
16 - 22 years exp. (5 salaries)
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₹12.1 L/yr - ₹18.4 L/yr

Production, Manufacturing & Engineering
Associate Manager Salary
18 - 21 years exp. (4 salaries)
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₹12.2 L/yr - ₹25 L/yr

Project & Program Management
Associate Manager Salary
15 - 20 years exp. (4 salaries)
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₹18.9 L/yr - ₹24 L/yr

View all

Last Updated: 16 Mar 2025

Companies similar to Thermax Limited for Associate Manager

Company name Avg Annual Salary Open Jobs
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John Deere Associate Manager Salary

5 - 15 years exp. (16 salaries)

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₹15 L/yr - ₹22.9 L/yr

arrow icon 11% more
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₹17.4 L/yr - ₹23.3 L/yr

arrow icon 13% more
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ABB Associate Manager Salary

2 - 15 years exp. (5 salaries)

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₹12 L/yr - ₹19.5 L/yr

arrow icon 11% less
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Atlas Copco Associate Manager Salary

11 - 14 years exp. (4 salaries)

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₹22.1 L/yr - ₹26 L/yr

arrow icon 44% more
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Trane Technologies Associate Manager Salary

10 - 14 years exp. (4 salaries)

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₹11.7 L/yr - ₹17 L/yr

arrow icon 21% less
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Danfoss Industries Associate Manager Salary

14 - 15 years exp. (3 salaries)

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₹12.9 L/yr - ₹17 L/yr

arrow icon 16% less
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Timken Associate Manager Salary

12 - 13 years exp. (3 salaries)

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₹9.1 L/yr - ₹9.5 L/yr

arrow icon 45% less
Associate Manager salary at Thermax Limited ranges between ₹9.6 Lakhs to ₹25 Lakhs per year for employees with experience between 14 years to 22 years. Salary estimates are based on 53 latest salaries received from various employees of Thermax Limited.

Latest annual salaries shared by Thermax Limited Associate Manager

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21 years exp.
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21 years exp.
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Experience wise Thermax Limited Associate Manager salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
14 years  (7 salaries)

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₹11 L/yr - ₹18.5 L/yr
15+ years  (46 salaries)

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₹9.6 L/yr - ₹25 L/yr

Similar Designation salaries in Thermax Limited

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(137 salaries)
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₹5.61 L/yr - ₹18.04 L/yr
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₹6 L/yr - ₹12 L/yr
Project Lead Salary
(AmbitionBox Estimate)
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₹32.1 L/yr - ₹41.1 L/yr
Software Engineer Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹18.9 L/yr - ₹24.2 L/yr
Senior Engineer Salary
(135 salaries)
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₹3.3 L/yr - ₹12 L/yr
Lead Engineer Salary
(29 salaries)
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₹5.7 L/yr - ₹13.78 L/yr
Team Lead Salary
(18 salaries)
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₹6.8 L/yr - ₹20 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

Top skills at Thermax Limited for Associate Manager

Feed Process Engineering

Salary related reviews for Thermax Limited

3.7

Rated by 9 employees for salary & benefits

Full Time

 · 

Other Department

4.0
  •  posted on 19 Nov 2024

5.0
 for  Salary and Benefits

Likes

Salary timely

  • Salary - Excellent
  • +5 more

Dislikes

Sub contractors are doing blackmailing very frequently asking always extra mone& benefits. It's necessary to construct a strict contracts in which rates at bottom level should be minimum & rates of upper floor should be higher side.

read more

Project Management Department

5.0
  •  posted on 04 Jun 2022

1.0
 for  Salary and Benefits

Likes

Good experience, learn a lot from people

  • Work-life balance - Good

Dislikes

HR are very poor and do not help at all, Worst management , no promotion at all, no hike very less than industry standards, poor technology used, very few self learning opportunities

read more
  • Salary - Bad
  • +3 more

Project & Program Management Department

4.0
  •  posted on 12 Apr 2020

3.0
 for  Salary and Benefits

Likes

Thermax company is very good. If you are permanent employee. But Fix term employee has so many difficulty face in ground level.

read more

Dislikes

The work pressure is very high and compensation is very slow. At work place we have to play somany rool . Like project execution, HR, safety and commercial also.

read more
  • Job security - Poor
  • +2 more

Full Time

 · 

Other Department

3.0
  •  posted on 18 Mar 2025

3.0
 for  Salary and Benefits

Likes

Timely salary, Skill development Learning

  • Skill development - Good

Dislikes

Politics Mangers level people are so dominate & orthodox. Never let you to figure you out before management since they have to protect themselves as they have no new skill, ideas only they know buttering & politics & don't let the new guy to retain in company for a long run.

read more
  • Promotions - Poor
  • +2 more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 04 Mar 2025

5.0
 for  Salary and Benefits

Likes

Safety culture is good, salary on time,

  • Salary - Excellent
  • +1 more

Dislikes

Company policy is good but site management feeling like owner of this company like shift Vechile using for personal working where suffering employee and specially on Bengal energy site on West Bengal, accommodation is so poor like they provided specially on Bengal energy,need to continue shift due man power shortage

read more
  • Skill development - Poor
  • +2 more
see more salary related reviews

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Thermax Limited Associate Manager Salary FAQs

What is the salary of Associate Manager at Thermax Limited ?
The average salary of a Associate Manager at Thermax Limited in India typically ranges from ₹9.6 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 14 years to 22 years).

The top 10% of Associate Manager at Thermax Limited earn more than ₹21.8 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Associate Manager Salaries at Thermax Limited can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 50+ Thermax Limited employees in India.
What is the estimated take home salary of a Associate Manager at Thermax Limited in India?
The estimated take-home salary of a Associate Manager at Thermax Limited in India typically ranges from ₹1,15,328 to ₹1,18,545 per month. This is based on the average salary range of ₹9.6 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 14 years to 22 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 50+ salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Associate Manager at Thermax Limited ?
To be a Associate Manager at Thermax Limited in india, the key skills required include:

  • - Feed
  • - Process Engineering

These skills are highly valued at Thermax Limited and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Thermax Limited for Associate Manager in India?
Atlas Copco ₹22.1 Lakhs to ₹26.0 Lakhs per year
EMERSON PROCESS MANAGEMENT ₹17.4 Lakhs to ₹23.3 Lakhs per year
John Deere ₹15.0 Lakhs to ₹22.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Thermax Limited, depending on the role and experience level.
What is the salary of a Associate Manager in companies similar to Thermax Limited in India?
The salary of a Associate Manager at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ABB ₹12.0 Lakhs to ₹19.5 Lakhs per year
Danfoss Industries ₹12.9 Lakhs to ₹17.0 Lakhs per year
Trane Technologies ₹11.7 Lakhs to ₹17.0 Lakhs per year
Timken ₹9.1 Lakhs to ₹9.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Associate Manager at Thermax Limited in India?
The salary growth for a Associate Manager at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Associate Manager can expect the following growth trajectory at Thermax Limited:

Experience Average Salary Range
14 years ₹11.0 Lakhs to ₹18.5 Lakhs per year
15 years ₹9.6 Lakhs to ₹25.0 Lakhs per year
and so on.

Tell us how to improve this page.

Thermax Limited Associate Manager salary in India ranges between ₹9.6 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 53 Thermax Limited latest salaries received from various employees of Thermax Limited.